See what I know is-
AV Birla’s father’s company was Cosmic Ferro Alloys – which went to NCLT due to some reasons unknown to us.
AV Birla now has taken only the CRF unit of Cosmic Ferro Alloys from NCLT.
The company actually got listed at a high valuation (according to me) – If we see the last year results and this high valuation will only get justified when the H1 FY24 results will be posted (which as per the management guidance can reach double of the previous year)
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